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  • UK Taxes...

    In my efforts to widen my horizons past the confines of my humble adobe, I listen to Internet radio. One station I tune is the BBC Asian station, or one of them. Music is "Indian" if that is the proper tem, but the news is local to the UK. I hear some sabre rattling about raising "council taxes." I assume this is some local levy. I'm sure it isn't popular. We've had quite the issue with taxes here. My issue is not so much the $ but the utterly incomprehensibility. Even an avg wage earner is virtually overwhelmed.

  • #2
    You're right, Bob - Council Tax is a local levy based on the value of your property according to various bands.
    This, for example, is the banding structure in my area:
    A up to £27000 £832.67 £132.84 £154.20 £1119.71
    B over £27000 and up to £35000 £971.44 £154.98 £179.90 £1306.32
    C over £35000 and up to £45000 £1110.22 £177.12 £205.60 £1492.94
    D over £45000 and up to £58000 £1249.00 £199.26 £231.30 £1679.56
    E over £58000 and up to £80000 £1641.05 £243.54 £282.70 £2167.29
    F over £80000 and up to £106000 £2029.63 £287.82 £334.10 £2651.55
    G over £106000 and up to £212000 £2445.96 £332.10 £385.50 £3163.56
    H over £212000 £3060.05 £398.52 £462.60 £3921.17
    And here in the UK we also suffers from the utter incomprehensibility of taxation in general.
    There's been talk about having a flat tax for income tax - however, this will never happen as the powers that be benefit greatly from the complexity of existing structures.

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    • #3
      Thanks for the info Harb. I don't think the flat tax will ever fly here, although it suggested by at least 1 candidate during the primaries. Next year our taxes will be simpler for many, but the actual savings for the middle class is somewhat vague and the biggest break went to the lower corp tax rate. We shall see what comes of that.

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      • #4
        The Council Tax has been restricted by how much they could put It up for the last few years, but this year I think It's going up by 6%. The local Council always moan they haven't got enough money to
        do things like repairing roads, which are terrible where I live. It seems to me that most of my tax goes to pay their very good pensions.

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        • #5
          The values given to properties for council tax bandings were allocated many years ago. If they were revalued now, there would be a huge outcry as most people would pay more tax.

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          • #6
            Originally posted by chrome View Post
            The Council Tax has been restricted by how much they could put It up for the last few years, but this year I think It's going up by 6%. The local Council always moan they haven't got enough money to
            do things like repairing roads, which are terrible where I live. It seems to me that most of my tax goes to pay their very good pensions.
            I was told a few years ago that of the total council tax paid to Boston Borough Council ( Lincolnshire) one third goes into their pensions.
            Yet, apparently there was not enough money to pay for the christmas decorations in the town centre and they were asking the local shops to pay.

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            • #7
              I also find It annoying when they might have Millions sitting in the Bank but still claim the need more money.

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              • #8
                Originally posted by bfltd0 View Post
                The values given to properties for council tax bandings were allocated many years ago. If they were revalued now, there would be a huge outcry as most people would pay more tax.
                ... and if Labour get in you'll be paying more if you've got a garden or a nice view

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                • #9
                  There is talk here of a additional 25 cent/gallon gas tax to pay for infrastructure improvements.

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